Investec, ECIC and Angola govt seal €225m deal for three new hospitals
Published on: Friday 13 January 2023
JSE-listed investment management company Investec, the Angolan Ministry of Finance, the Export Credit Insurance Corporation of South Africa (ECIC) and lead facility arranger Unicredit, supported by Italy’s export credit agency Servizi Assicurativi del Commercio Estero (SACE), have closed a commercial facility for €225-million that will part-finance the construction of three hospitals in Angola. The project involves the building of a 17 200 m2, 200-bed facility in Huambo; a 10 112 m2, 100-bed facility in Luena; and a 9 970 m2, 100-bed facility in Cabinda, by hospitals and healthcare facilities developer Vamed.
